Quote:
Originally Posted by OrbitalEllipses
It most definitely is the next bubble.
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While education price dynamics is definitely unsustainable, for it to "pop" means a collapse in the value of education - that is collapse in wages of college educated workers. While possible, it's unlikely. Most likely "popping the education bubble" means that institutions that finance some for-profit crap "education" will go bust, and those for-profit places will disappear off the face of the earth. It does not mean that legitimate schools that get you decent jobs after graduation will magically become cheaper.